Tap Into EV Grants

Tap Into EV Grants

September 2022   minute read

With $7.5 billion on its way for zero-emissions vehicle (ZEV) infrastructure under the Infrastructure Investment and Jobs Act, the Fuels Institute Electric Vehicle Council has released a summary, written in partnership with the Center for Sustainable Energy, of two programs, the NEVI Formula Program and Corridor Charging Grant Program. The summary serves to help retail businesses navigate their way through how to obtain financial support. Depending on their locations, retailers may be eligible as site hosts for both programs if they meet specified conditions.

The National Electric Vehicle Formula Program (NEVI Formula Program) provides $5 billion of funding to all 50 states; Washington, D.C.; and Puerto Rico to strategically deploy publicly accessible DC fast-charging infrastructure and establish an interconnected network to facilitate data collection, as well as access and reliability.

The Discretionary Grant Program for Charging and Fueling Infrastructure (Corridor Charging Grant Program) provides competitive grants totaling $2.5 billion for the strategic deployment of EV infrastructure, hydrogen infrastructure, natural gas infrastructure and propane infrastructure along alternative fuel corridors or in certain other locations.

The Department of Energy and Department of Transportation (DOT) are jointly overseeing the planning, funding, implementation, charger utilization data collection and evaluation of these two programs. These agencies formed the Joint Office of Energy and Transportation, which will guide and oversee the NEVI Formula Program. DOT will provide guidance for the Corridor Charging Grant Program by September 30, 2022, and will oversee its implementation.

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